drydocks Archives - Fichte & Co Legal Legal Firm in Dubai Wed, 06 Sep 2023 08:51:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://fichtelegal.arraytag.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png drydocks Archives - Fichte & Co Legal 32 32 Securing a Drydocks’ Claim https://fichtelegal.arraytag.com/securing-drydock-claim/?utm_source=rss&utm_medium=rss&utm_campaign=securing-drydock-claim Wed, 01 Nov 2017 04:09:45 +0000 https://fichtelegal.arraytag.com/securing-drydock-claim/ Introduction Historically drydocks were seldom facing the problem of obtaining security for the work performed over a vessel. Due to a general retention right recognized nearly worldwide, the payment was in fact made before the vessel was leaving the drydocks. However, in the current market, many shipowners are asking for delayed payment terms and it is …

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